G O L D C O R P High Grade Gold Mine Development and District - - PowerPoint PPT Presentation

Corporate Presentation January 2018

TSX: HRT / Frankfurt: H4O OTC: HRTFF

G O L D C O R P

High Grade Gold Mine Development and District Scale Exploration

TSX: HRT

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FORWARD LOOKING STATEMENTS

• This presentation has been prepared by the Company and includes information from sources believed by

management to be reliable. No representation or warranty, expressed or implied, is made as to the accuracy of the information set forth herein. The information contained herein is as of the date hereof and is subject to change, completion or amendment without notice.

• This presentation contains forward looking statements, estimates, and projections with respect to the anticipated

future performance of the company that may be deemed to be “forward-looking statements.” These statements, estimates, and projections reflect various assumptions made by the company concerning anticipated results, which may or may not prove to be correct. All statements contained in the presentation that address operating performance, future direction, management and control of the company, events or developments that are expected to occur in the future (including statements related to earnings, expectations, sales of assets, capital expenditures, or statements expressing general optimism about future operating results) are forward looking statements. Actual results could differ materially from those reflected in the forward looking statements contained herein as a result of a variety

• f factors, many of which are beyond the Company’s control.

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COMPANY SNAPSHOT

CORPORATE STRUCTURE INSTITUTIONAL SUPPORT Analyst Following: Major Shareholders1: Headquartered: Toronto, Ontario, Canada Market Cap: C$263 million (C$0.47 Jan 18th) Cash Position1: C$35 million

19.9%

Shares Outstanding: 566 million (Basic) 621 million (Fully Diluted) Symbol: HRT: TSX H4O: FRANKFURT HRTFF: OTC

Head Office (Toronto)

2.4% 0.9%

Notes; 1) Source: Bloomberg, public company filings, as at January 1, 2018

0.6% 7.2%

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Stephen G. Roman

Chairman, President & CEO; BA 35+ years

• Discovered Gold Eagle,

sold to Goldcorp ($1.5B)

• Verena Minerals / Belo Sun

– Volta Grande, Black Fox, Gabriel Resources Limited

• PDAC “Bill Dennis Award”

winner, Prospector of the Year, 2016

George Flach

Independent Consultant; B.Sc. P.Geo. 30+ years

• Discovered / developed

gold projects in West Africa

• 20Moz Gold Fields

Tarkwa, 4Moz Bogosu and 2Moz Benso mines in Ghana

• 2Moz Goulagou mine in

Burkino Faso

Rein Lehari

Chief Financial Officer; CPA, CA 30+ years

• Previously Partner,

PricewaterhouseCoopers

• Business valuation, M&A,

corporate finance

EXPERIENCED MANAGEMENT TEAM

Roger J. Emdin

Vice President, Operations; P.Eng. 30+ years

• Senior management and
• perating experience
• Experience with large
• perating mines including

Glencore’s Nickel Rim South Mine

• Chairman CEMI – Center

for Excellence in Mining Innovation

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EXPERIENCED MANAGEMENT TEAM (Cont’d)

Steve Ball

General Manager, Sugar Zone Mine; P.Eng. 30+ years

• Technical, operations,

human resources, corporate affairs and project management

• Formerly Mine Manager

at Vale’s narrow vein Coleman Mine and Voisey’s Bay

Shawn Howarth

Vice President, Corporate Development; MBA, B.Eng. 15+ years

• Experience in corporate

finance, corporate strategy and valuations

• Formerly an investment

banker with Standard Chartered Bank

Tim Campbell

Vice President & Secretary; BA Hons. 20+ years

• Government & Permitting
• First Nations & Community

consultation

• Corporate finance
• Regulatory compliance

Bob Kusins

Resource Geologist; P.Geo. 35+ years

• Underground mine

geologist, geological database management, modelling and resource estimation

• Formerly Chief

underground geologist at Barrick’s Hemlo Mine

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SUGAR ZONE SURROUNDED BY PRODUCING ASSETS GEOGRAPHIC LOCATION

ON A SIGNIFICANT GREENSTONE BELT, HISTORICALLY PROLIFIC GOLD MINING REGION

DISTRICT SCALE POTENTIAL

Company Asset Status

• Approx. Distance

to Harte (Km)

Barrick Hemlo Operating 60 Alamos Island Gold Operating 80 Wesdome Eagle River Operating 80 Wesdome Mishi Operating 80 Goldcorp Borden Gold Exploration 100 Argonaut Magino Exploration 80

Source: Cantor Fitzgerald Magino (5.1 Moz)

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TOP QUARTILE GRADE

0.00 2.00 4.00 6.00 8.00 10.00 12.00

Dalradian Pure Gold Lion One Harte Gold Continental Lundin Gold IDM Galway K92 Osisko (Windfall) Maritime Golden Reign Gowest Gold Rubicon Sabina Satori Auryn Rockhaven INV Metals Condor Gold Eastmain Calibre Mining Algold Goldquest Probe Barkerville Marathon Treasury NovaGold Sarama Orca Gold Red Pine Nighthawk Amarilo California Midas Atlantic Falco First Mining Columbus West African Granada Gold Aurvista Meadow Bay Skeena Resources Gabriel Belo Sun Timberline Lupaka Pinecrest Sandspring Eurosun Ascot Lydian Freegold Exeter Orezone Victoria ITH NewCastle Gold Standard Lumina Almaden Otis TriMetals Atacama Chesapeake West Kirkland Teras Pilot Corvus Euromax

Grade (g/t)

QUARTILE 1 QUARTILE 2 QUARTILE 3 QUARTILE 4

Source: Analyst estimates, public company information, as at December 2018

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HARTE GOLD – INVESTMENT HIGHLIGHTS

“THREE LEGS ON THE STOOL”

* Preliminary management mine plan estimate

Commercial Production in 2018

• Underground workings developed

to support Phase I Commercial Production

• Target mill completion: H1 2018
• Phase I Commercial Production of

540 tpd*: H2 2018



• Mineralization defined to below

1,000 meters

• Open to the North, South and

down dip

• Potential convergence of Sugar

and Middle Zones at depth

Near Mine Resource Growth



District Scale Exploration Potential



• Several targets on strike and West of

Lake Dayohessarah to follow up on

• EM anomalies discovered in 2017 –

significant VMS potential

• Defined 80,000 meter drill program

planned for 2018

MIDDLE ZONE WOLF ZONE

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RECAP – LAST 12 MONTHS

 Raised $45 million in total investment from Appian  Raised US$15 million investment from Orion  Added three new significant institutional investors to the share register  Analyst coverage from three investment banks  138,000 meters drilled, 8 drill rigs active  Completion of Phase I Underground Mine Development – 100,000 tonnes mined  Initiated property wide exploration – VTEM and HTEM  Land position increased >100% to 80,000 Ha

Resource Development Capital Markets Construction

 Phase I Commercial Permit issued  Mine development – underground workings completed on five levels  Started surface construction  Recipient of NWOPA “Developer of the Year” Award

2017 WAS A VERY POSITIVE YEAR FOR THE DEVELOPMENT OF HARTE GOLD

1,500 3,000 4,500 $0.00 $0.30 $0.60 $0.90 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18

Share Price Performance

HRT Share Price (C$) Shares Traded (000s)

Relative Share Price Performance (January 2018)

64% 20% 5%

• 3%

Harte Gold Development Peers TSX JDXJ

1

1) Selected TSX-listed high grade underground developers

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VALUE PROPOSITION

Resource Update / Final Technical Report Q1 2018

• Updated resource including both the Sugar and

Middle Zones

• Updated mine plan and project economics

Harte Gold Today

• Resource (2012) – Upper Sugar Zone
• Bulk Sample completed
• Mill construction underway
• 0.53x P/NAV(Analyst)

Project Financing Q2 2018

• Non dilutive, fully financed solution
• Several institutions interested in participating in

project debt, including gold loans

Commercial Production H2 2018

• Commissioning: Q3 2018
• Phase II production target:

540 tpd

Harte Gold 2018 Year End

• Emerging producer valuation:

0.8x to 1.0x P/NAV (peers)

• Significant resource growth at

Sugar and Middle Zones

• Exploration upside potential

from new zones / discoveries

SEVERAL NEAR-TERM VALUE CATALYSTS FOR INVESTORS TODAY

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PHASE II COMMERCIAL PRODUCTION IN 2018

• 70,000 tonne bulk sample completed, positive results de-risk move to commercial production
• 30,000 tonne Phase I Commercial Production underground mine development completed
• 40,000 tonne stockpile on surface, ready to feed mill commissioning, augment production
• NI 43-101 Resource Report to include drill results at the Sugar and Middle Zones currently underway
• Updated PEA will include new resource model and mine plan also underway

 Geology: Drilling in 2017 confirmed continuity, mineralized widths and modelled grades  Mining: Long-hole mining, minimal dilution  Processing: Simple metallurgy and high recoveries  Costs: Mining costs confirmed, capital items contracted and / or paid  Site: Underground and site infrastructure, 20km all weather access road

Surface construction well advanced, mill building scheduled for completion end of January

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BULK SAMPLE AND PHASE 1 PRODUCTION AREAS

Fresh Air Raise

NW SE

~ 1,000 Meters

Advanced Exploration Bulk Sample Phase I Commercial Production

150 Meters

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MILL DESIGN AND CONSTRUCTION

CRUSHER AND MILL DESIGN CIVIL EARTHWORKS COMPLETED CONCRETE POURED MILL STRUCTURE ERECTED

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FUTURE SITE LAYOUT: SMALL FOOTPRINT (<35 Ha)

Scale: 500 m

Tailings Pond

ADMIN OFFICES & CORE SHED MILL FOOTPRINT

Coarse Ore Crushing / Conveyance

MINING PORTAL

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NEAR-MINE AND PROPERTY-WIDE EXPLORATION

35 Km strike length to be explored 80,000 hectare land package Near-mine targets Sugar, Middle and Wolf Zones Several regional exploration targets identified

K7

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NEAR MINE MINERALIZATION

2017 DRILL PROGRAM SIGNIFICANTLY EXPANDED KNOWN MINERALIZATION

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NEAR MINE EXPLORATION OPPORTUNITIES

TARGET MINERALIZATION AT DEPTH, CONVERGENCE OF SUGAR AND MIDDLE ZONES Sugar Zone

0 m 500 m 1,000 m 1,500 m

North Extension South Extension Deep Exploration

2017 Resource Mineralization Current Infrastructure Interpreted Gabbro Intrusion 2018 Near Mine Drilling Gabbro Intrusion

Sugar Zone mineralization

• pen to the North, South

and down dip Potential convergence of Sugar and Middle Zones Significant drill program planned for 2018 will test these areas

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PROPERTY WIDE EXPLORATION

SEVERAL ZONES SHOWING HIGH POTENTIAL FOR SIGNIFICANT MINERALIZATION

• Lynx Zone

► On strike, characteristics similar to Sugar and

Middle zones

• Moose Zone

► Host rock similar to Barrick’s Hemlo mine

• K7 Zone

► New zone discovered, anomalous gold

intersected 200 meters below surface

• Eagle Zone

► Property wide 2017 geophysics identified strong

electromagnetic anomaly with VMS potential

• Marten Zone

► IP anomaly featurs host rock similar to Barrick’s

Hemlo mine

• Fisher Zone

► Initial drill program intersected 40 meters of

anomalous gold on strike with the Sugar Zone Scale

5 10 Kilometers

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TIMELINE

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Commissioning & Commercial Production Definition and Exploration Drill Programs Permitting Permitting Complete

H1 2018 H2 2018 2019 2019 H1 2018 H2 2018

Final Technical Report Construction IBA Updated Resource Estimate

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G O L D C O R P